MOEF+FICCI to jointly support SMEs
Hotline: 1800 102 2007
Search Business Opportunities

MOEF+FICCI to jointly support SMEs

MOEF to partner with FICCI to set up a regulatory facilitation centre for the SMEs, to help them cope better with environmental norms and regulations.

A closed door interactive session was organized between the Minister of State for Environment and Forests, Jairam Ramesh and industry representatives, by the Federation of Indian Chambers and Commerce and Industry (FICCI) at Federation House, here today.

This came as a great opportunity for the industry as it created a platform for them to directly interact with the Minster and put forward their concerns. The Minster very sportingly accepted the proposal by FICCI, in coming up with a Facilitation centre based on the PPP (public Private partnership) model, with fifty percent share in equity as well. “There is already a joint ventures exiting between the Department of Industrial Policy and Promotion (DIPP) called the Investment Promotion Centre, and one relating to Intellectual property Rights is also underway. We are very much willing to set up a similar centre in joint venture with FICCI that will play an advisory role in providing the SMEs with information regarding environmental rules, regulations, standards and norms. The aim will be to help the small and medium industries comply with the environmental norms of the nation,” spoke Jairam Ramesh.

He further said that he would provide intellectual as well as financial support to this joint venture and suggested on working on a PPP model with fifty percent equity investment. He also agreed to meet the SME industry in a closed interactive session that will be organized quarterly staring this April, where he would like to interact with them and know more about the problems they are facing regarding environmental issues.

There were detailed discussion on issues concerning plastic waste management rules, and regulations regarding hazardous waste management. In the interactive session, the group also came upon discussing issues relating to conversation of waste into energy and municipal solid waste management schemes. But one suggestion that got a majority approval was need to introduce fiscal incentives as well as disincentives for relative industry performance. To this the Minster agreed and put forward the fact that he has already sent a proposal to the Finance Minister for the same.

The meeting was attended by industry representatives and moderated by Dr. Rajiv Kumar, Director General, FICCI, Harish Pati Singania, Past President, FICCI and Dr. Amit Mitra, Secretary General, FICCI were amongst the others who were present at the interactive session.

Related opportunities
  • Payment Solution services
    About Us: Mswipe Technologies Private Limited is engaged in the business..
    Locations looking for expansion Maharashtra
    Establishment year 2011
    Franchising Launch Date 2017
    Investment size
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Mumbai Maharashtra
  • Robotics & Technical Training
    IndiaFIRST™ ROBOTICS - a name known for India’s First ever Modular robots..
    Locations looking for expansion Maharashtra
    Establishment year 2009
    Franchising Launch Date 2013
    Investment size Rs. 50 K - 2lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Pune Maharashtra
  • Juices / Smoothies / Dairy parlors
    About Us: Shakes & Creams brings a luxurious twist to the..
    Locations looking for expansion Haryana
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Multi Cuisine Restaurant
    About Us: Shaking up the traditional food & drink space with..
    Locations looking for expansion Gujarat
    Establishment year 2004
    Franchising Launch Date 2018
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 3000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
Insta-Subscribe to
The Franchising World
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts